Treasurer general makes ground breaking announcement on Automotive Industry

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28 June 2017

The Treasurer General of the African National Congress, Comrade Zweli Mkhize, will host an urgent joint press briefing with National Association of Automobile Manufacturers of South Africa (NAAMSA) including the CEOs from the country's major Original Equipment Manufacturing (OEM) industry sectors. Comrade Zweli Mkhize will be joined by comrade Enoch Godongwana, Chairperson of the NEC Sub-Committee on Economic Transformation.

DATE: Today, 28 June 2017
TIME: 3:30 PM
VENUE: Ernst & Young 7th floor Boardroom, 102 Rivonia Road, Sandton

The briefing will pronounce on a ground breaking initiative to address the following critical issues:

  • Strategic transformation road-map initiatives for the industry,
  • Way forward strategies and interventions to address the economic challenges facing the industry and;
  • Aspects of the OEM venture capital fund.

At today's media briefing with Comrade Zweli will be the CEOs from the following motor manufacturing giants in South Africa:

  •  BMW SA(Pty) Ltd
  • Nissan SA (Pty) Ltd
  •  Toyota SA (Pty) Ltd

Last night Comrade TG held a robust dinner engagement with the CEOs from the seven (7) major OEMs and additional representatives:

  • BMW SA(Pty) Ltd
  • Ford Motor Company of SA (Pty) Ltd
  • General Motors SA (Pty) Ltd - apology
  • Nissan SA (Pty) Ltd
  • Toyota SA (Pty) Ltd
  • Volkswagen Group SA (Pty)
  • Motus Group (Importers and Distribution Division)

Issued by the African National Congress

Zizi Kodwa 082 330 4910
National Spokesperson

Khusela Sangoni 072 854 5707
National Communocations Manager